All conditions relating to the grant of the two graphite licences in Mozambique that Mozambi Resources is acquiring have now been met.The licences are close to Triton Minerals’ Nicanda Hill Project and Syrah Resources’ Balama Project.

The binding agreement covers a 45 square kilometre graphite project area in the Ancuabe district.AMG has recently taken the strategic decision to restart mining activities, which could support Triton Minerals as it moves towards graphite production in Mozambique.

Botswana Metals strategically located tenements have the potential for cash flow in less than a year, as joint venture partner and local nickel mining and smelting company BCL Limited is running out of ore.

The three new licences are prospective for a number of commodities and increase Waratah Resources’ footprint in Gabon to over 6,000 square kilometres.In particular, the Tchibanga Licence could be located in a minerals hot spot given that AIM-listed IronRidge Resources recently raised £9.7 million to fund its iron ore projects.

The release of the Muga Potash Mine Definitive Feasibility Study in northern Spain has been eagerly anticipated and based on the profit margins and long life mine and OPEX/CAPEX metrics it did not disappoint.

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Triton Minerals (ASX:TON) has signed a binding agreement to form a strategic alliance with AMG Mining AG (AMG) for the exploration and development of graphite in Mozambique.
Shares in Triton are expected to lift at the open.
AMG (EURONEXT:AMG) is a diversified "critical materials" company that produces highly engineered specialty metals and...

Vital Metals (ASX:VML) continues to progress its Watershed Tungsten Project in Queensland towards development with Japan Oil, Gas and Metals National Corporation (JOGMEC) working to find a new Japanese partner with a need for tungsten and the ability to assist with project finance.
With all technical matters already addressed, this provides...

China's Shanghai Composite soared 2.6% yesterday to 3786.57 points, a seven-year high.
Equities climbed after China's central bank chief signalled over the weekend that the country had capacity to ease monetary policy and boost sluggish growth, on top of a series of steps take since November.
These include cutting interest rates twice and...

Potash developer Highfield Resources (ASX:HFR) has released a Definitive Feasibility Study for its Muga Potash Project in Spain which has revealed a long mine life and rank as the most profitable potash operation when in production.
Muga is located in northern Spain with close proximity to the Atlantic coastline of Northern Spain and Southern...

Poseidon Nickel (ASX:POS) now has the second largest nickel sulphide processing capability in Australia after completing the purchase of the Black Swan nickel project from Norilsk Nickel. This includes the Black Swan processing plant, Black Swan open pit mine, Silver Swan underground mine and a 1.6 million tonne stockpile of mined ore...

Anatolia Energy (ASX:AEK) is drilling ahead at its second uranium project in Turkey at Sefaatli where previous exploration in 2014 returned widespread uranium mineralisation.
Drilling at Sefaatli in 2014 returned high grade intersections including 2.5 metres at 2,150ppm eU3O8, 6.2 metres at 810ppm eU3O8, 4.3 metres at 930ppm eU3O8 including...

Waratah Resources (ASX:WGO) has been awarded three new licences in the Republic of Gabon, one of which is close to a project with high grade iron potential.
The Tchibanga Licence could be located in a mineral hot-spot given that IronRidge Resources (AIM:IRR) recently raised £9.7 million (A$18.7 million) to fund its iron ore projects, which...

Botswana Metals (ASX:BML) strategically located tenements have the potential for cash flow in less than a year, as joint venture partner and local nickel mining and smelting company BCL Limited (BCL) is running out of ore.
The longevity of the BCL mine is dependent on additional ore outside of its existing nickel resources being made...

Colin Miles, vice president of corporate relations at InternetQ (LON:INTQ), talks to Proactive Investors about how the smartphone boom has influenced the company’s final results.
The mobile marketing specialist’s full-year figures showed a 27% rise in revenues to €132.4 and a small uptick in pre-tax profits to €9.3mln. Miles discusses...

Canadian shares wavered between gains and losses as gains in banks overpowered a slump in material producers. The Standard & Poor’s/TSX Composite Index (TSE:OSPTX) inched up 0.1 percent at 14,922 at 12:28 p.m. in Toronto.

Orbite announced that Euro Pacific Canada has agreed to underwrite a total of 8,500 units at $1,000 apiece, generating proceeds of C$8.5 million. Euro Pacific also has the option to buy an additional 6,500 units over the next 30 days, for total proceeds of some C$15 million.